With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
From the report, DNDN triggered long (without market support due to opening five minutes) and worked enough for a partial if you did manage to grab any:
VRSN gapped over the trigger, no play.
PPDI triggered long (with market support) and worked:
NXPI gapped over the trigger, no play.
In the Messenger, Rich’s CREE triggered long (with market support) and worked:
RIMM triggered short (without market support) and didn’t work:
Rich’s CF triggered short (without market support, although mixed in the second 5-minute bar); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES and worked:
NFLX triggered short (with market support) and worked great:
COST triggered short (with market support) and didn’t work:
Rich’s FCX triggered too late in the session to have time to move.
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not.
